Delving into the realm of income stocks, investors on the lookout for robust returns have their sights set on July 18th’s top contenders. Here are three illustrious picks that have garnered a buy rank, flaunting strong income characteristics:
Atlantica Sustainable Infrastructure PLC: Sailing the Renewable Energy Waves
Amidst the financial seas of income stocks, Atlantica Sustainable Infrastructure PLC (AY) emerges as a beacon of hope for investors. Specializing in renewable energy solutions and boasting ownership of natural gas fields, as well as providing transmission, transportation infrastructures, and water assets solutions, this company has ridden the tides of success. Witnessing a 12.2% surge in the Zacks Consensus Estimate for its current year earnings over the last 60 days, Atlantica deserves its well-earned Zacks Rank #1 (Strong Buy). Its impressive dividend yield of 8.08% showcases its dominance in the industry, leaving the average of 0.0% trailing far behind.
Cheniere Energy Partners, L.P.: Fueling the Future with LNG
In the realm of energy, Cheniere Energy Partners, L.P. (CQP) stands tall as a provider of clean, secure, and affordable LNG to multiple entities worldwide. Bridging the gap with utilities and integrated energy firms, this company has seen its Zacks Consensus Estimate for current year earnings soar by nearly 2.4% in the last 60 days. With a dividend yield of 6.0%, surpassing the industry average of 0.0%, Cheniere Energy Partners, L.P. stakes its claim as a prime income stock, backed by a solid Zacks Rank #1.
Telefonica: Connecting the World with Communication Services
Steering the ship in the communication services sector, Telefonica (TEF) prides itself on providing mobile and fixed communication services across Europe and Latin America. With a 9.1% upsurge in the Zacks Consensus Estimate for its current year earnings over the past 60 days, this stalwart holds a Zacks Rank #1. Telefonica’s dividend yield of 5.2% outshines the industry average of 0.5%, positioning it as a promising choice for income-oriented investors.
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Explore the vast possibilities of Atlantica Sustainable Infrastructure PLC (AY), Cheniere Energy Partners, L.P. (CQP), and Telefonica (TEF) – your gateways to income stock prosperity. Get a clearer picture with a free stock analysis report for each of these promising investment options.
To dive deeper into the world of income stocks, view the full article on Zacks.com.
